hsthaI believe high P/E of semiconductor stocks is totally acceptable as an apparently very high price of a semiconductor stock today will be vey low in a few years. The semiconductor bubble is not like the dot.com bubble. A high price of a semiconductor stock will be justified in the future...

aiinvestor“As other markets, particularly the US, become more expensive, we expect investors to increasingly consider global opportunities, particularly in emerging markets, given the structural positive growth prospects and benign fundamentals.

“More broadly, we expect technology names to maintain their outperformance, although we think the market will sharpen its focus between the sub-sectors with idiosyncratic risks in mind this year,” he says. Will the rally in emerging markets continue? | http://www.klsescreener.com/v2/news/view/352043

KESM is principally involved in specialized electronic manufacturing activities. More specifically, the company is engaged in providing burn-in services. The company has business dealings with virtually all the American semiconductor manufacturers.

http://www.kesmi.com/activities.html

"The company has business dealings with virtually all the American semiconductor manufacturers."

That's why the stock price has more to do with US semiconductor index than other Malaysian semicoinductor stocks do.

tecpowerSemiconductor stocks are at their highest since 2000. This should be the talk of Wall Street, says technician https://www.cnbc.com/2018/03/13/semiconductor-stocks-are-at-their-highest-since-2000.html

14/03/2018 01:01

ooihk899Pls don't promote US index here, there is no co relation with our tech stock. Must be some fund eager to cash out. That's why promotion in almost every tech stock forums non stop.

14/03/2018 16:19

tecpowerThe market is not bearish, but still unstable, so buying stable stocks like Kesm is a good choice.

In a move reminiscent of the continual upward revisions to semiconductor market forecasts that characterized 2017, market watcher IC Insights has increased its forecast for semiconductor industry growth this year to 15 percent from a previous projection of 8 percent.

tecpowerChina's exports surged at the fastest pace in 3 years China's February exports rose 44.5 percent from a year earlier, compared with analysts' median forecast for a 13.6 percent increase, official data showed on Thursday. https://www.cnbc.com/2018/03/07/chinas-february-exports-jump-44-point-5-percent.html

17/03/2018 01:25

tecpowerCIMB Research does not expect the appreciation in ringgit against US$ to bring material earnings impact to KESM, given that the majority of its transactions are in ringgit. Read more at https://www.thestar.com.my/business/business-news/2018/03/09/kesm-to-post-robust-earnings-until-fy20-says-cimb-research/#YWVdgFYPsTqk3mgB.99

17/03/2018 23:45

leecuteguyon 13 Mar , RM 20 is the support level but today seem RM 20 is the resistance level.....hope can be the support level soon...

19/03/2018 17:12

tecpowerGoldman Says World’s Best Bet Right Now Is Emerging Market Stocks https://www.bloomberg.com/news/articles/2018-03-15/goldman-s-patel-says-emerging-market-stocks-are-world-s-best-bet